LAFAYETTE, Ind., Nov. 25, 2013 /PRNewswire/ -- LSB Financial Corp., (NASDAQ: LSBI), (the "Company"), the parent company of Lafayette Savings Bank, FSB, announced today that it will pay a quarterly dividend of $0.07 per share to shareholders of record as of the close of business on December 6, 2013, with a payment date of December 20, 2013.
LSB president and CEO, Randolph F. Williams, stated, "We are pleased to announce the payment of this cash dividend made possible by our strong capital position and operating performance. We appreciate the confidence placed in us by our shareholders."
The closing price of LSB stock on November 22, 2013 was $28.08 per share as reported by the Nasdaq Global Market.
SOURCE LSB Financial Corp.